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25-06-2019, 06:45 PM
#17041
Member
Originally Posted by percy
"An INVESTMENT is an asset or item acquired with the goal of generating income or appreciation."
"In an economic sense,an INVESTMENT is the purchase of goods that are not consumed today but are used in the future to create wealth."
Therefore PEB being a destructor of wealth, should never be called an INVESTMENT.
Perhaps if they were registered as a charity, your foolish contributions would be tax deductible.
As that is not the case, your money is being thrown away,by backing people who have a record of failure.
Only time will tell.
And my contribution or "losses" will be tax deductible. Because I am subject to Capital Gains.
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25-06-2019, 09:43 PM
#17042
Originally Posted by Carpenterjoe
Only time will tell.
And my contribution or "losses" will be tax deductible. Because I am subject to Capital Gains.
O so you are not a NZ resident for tax purposes?
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25-06-2019, 11:01 PM
#17043
Originally Posted by bottomfeeder
Carpenter Joe, if you are employed by PEB in any way, I believe you should disclose this, rather than hype up the stock.
I don't think he was hyping the stock. You claimed the product had been superseded, he asked you for evidence, and instead of providing it, you fudged and then attacked him.
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26-06-2019, 07:24 AM
#17044
Member
Originally Posted by blackcap
O so you are not a NZ resident for tax purposes?
That's right.
Even if I was based in NZ I would pay CGT as well, I think. I enter and exit positions too often to be judge CGT free.
Let us not go down that road on the PEB thread.
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26-06-2019, 08:53 AM
#17045
Originally Posted by Carpenterjoe
That's right.
Even if I was based in NZ I would pay CGT as well, I think. I enter and exit positions too often to be judge CGT free.
Let us not go down that road on the PEB thread.
In NZ no one pays Capital Gains tax. If you enter and exit positions frequently you are taxed on "trading profits". Nothing to do with capital gains. NZ does not have a capital gains regime.
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26-06-2019, 10:36 AM
#17046
Member
Originally Posted by blackcap
In NZ no one pays Capital Gains tax. If you enter and exit positions frequently you are taxed on "trading profits". Nothing to do with capital gains. NZ does not have a capital gains regime.
You are right,
Sorry about the mistake in my accounting terminology.
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26-06-2019, 11:26 AM
#17047
Originally Posted by Carpenterjoe
Each to their own, I do not care if people invest in this company, it is in the hands of the big guys, I hope the big money continue to support this technology.
The instos/people stop investing and PEB is history.
Running out of cash and running out of time.
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28-06-2019, 10:03 AM
#17048
No one has given commentary on their wonderful report. Lots of big words and exciting stuff, just no real increase in turnover............ Yet as mentioned by many positive posters including myself when I had rose tinted glasses on ( for years )
Last edited by Ggcc; 28-06-2019 at 10:04 AM.
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28-06-2019, 10:04 AM
#17049
Originally Posted by Ggcc
No one has given commentary on their wonderful report. Lots of big words and exciting stuff, just no real increase in turnover............ Yet as mentioned by many positive posters.
Big words and exciting stuff is what matters! Plus throw in a few glossy pics!
Increasing turnover......blauuggghhh, who cares for that!
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28-06-2019, 06:08 PM
#17050
Member
I see PEB and my few other biotechs (all on the ASX) as speculation, not investing.
At circa 3% of my portfolio that's OK.
They will never have traditional growth curves.
The process is always (at least) twice as long and twice as expensive to get FDA approval (or similar, as in this case ), or commercialisation as you'd expect, even based on the most conservative estimates.
If PEB completes LCD inclusion and gets full reimbursement for CMS tests done to date, and does a similar amount of CMS tests per year @ USD$760 x 15K = NZD $17M and have a similar amount of business in NZ and other markets per year as they do currently, they'll grow revenue by circa 8X.
So imagine what the SP would be with that revenue, plus the future potential?
Investing in PEB is easy.
Either (a) put in a sum you're willing to risk, forget about it and hope it becomes your winning Lotto ticket eventually.
Or (b) say you don't accept the risk of this type of firm, so don't invest.
Or (c) invest, then get angry and anxious like most disappointed investors here.
There are two good options.....
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